It can become increasingly difficult to manage finances as your business expands into multiple locations and markets, your software needs to be up for the challenge.
Sage Intacct’s multi-entity management features can help you save time, streamline processes, gain better visibility and enable future growth.
This article gives you a closer look at how some of these features work.
(Click any of the screenshots on this page to enlarge the image for easier viewing)
Full Visibility
Sage Intacct allows you to easily manage all your entities in one place without needing multiple platforms or logins.
Simply change the dropdown to view a different entity.
Multi-Entity Reporting
Monitor financial performance across all your entities at any time using the customisable dashboards and reports, giving you both an overview of all your entities and detailed local insights from each entity all in one place with just a few clicks.
The result: analysing all your entities holistically can be valuable in helping you draw comparisons, spot trends and make informed decisions.
Intercompany Transactions
When entering cross-company transactions, Intacct will automatically post journals in both entities, eliminating the need for manual reconciliation and allowing you to see all inter-entity transactions in one place with a full audit trail. Intacct also allows you to easily share expenses and manage inventory between entities.
The result: automation of intercompany transactions replaces the need for manual data entry to help you save time and prevent mistakes.
Global Consolidations
The consolidation module in Sage Intacct automatically converts all the financial data from your international entities into one base currency using live exchange rates to give a unified view of your global operations.
The result: increased visibility across all entities, breaking down the obstacles of multiple currencies.
Tax Compliance
Sage Intacct is designed to handle compliance standards for different countries all in one place with flexible reporting and tax compliance. These features are available out of the box; however, we have the in-house expertise to build custom features for any additional requirements.
The result: easily meet compliance standards for all your entities no matter what country they are based in.
Multi-Currency Capabilities
Intacct can handle over 200 currencies and uses automated currency conversions to replace the need for manual calculations. Meeting tax requirements in all the countries you operate is also made easier with Intacct using the reporting and tax compliance features.
The result: using financial management software that can handle international currencies and accounting standards reduces human error and helps you to meet requirements.
Sage Intacct Partner
Working with a Sage Partner can help you to harness all the great benefits of Intacct. As one of the leading Sage Partners in the UK with a proven track record for customer retention, our team of experts know Intacct inside out and are dedicated to helping businesses like yours.
To speak to our Intacct experts, email [email protected] call 01332959008 or click here to request a quote.
Interested to know more about our Sage solutions?
Call 01332 959008 or enquire online today
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